piri/eco/tullow sitting of 2bln barrels of oil. If you have the patience to wait for the 3D sciesmic, you could be looking at a mighty profit here within a couple of months. Thats what Mr NICHOLAS CLARK is doing
Really? Even if you're right, they could have bought an oil major. We know ECO won't be selling any oil this year or next. It's pure speculation. The cash gave them the ability to fund an RTO. To do an RTO they'll need to turn it back into cash, or do a placing for cash. Lawyers and accountants don't take ECO shares as payment. Hopeless BOD needs to get on with finding and executing an RTO. Patience is running out.
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